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US cracks down on tankers shipping Venezuelan oil

WASHINGTON: The US tightened the screws on Venezuela again on Tuesday, imposing sanctions on shipping companies helping the Maduro regime export oil.
The US Treasury hit four companies, saying it was “unacceptable” that they continued to ship crude “for the benefit of the illegitimate regime of President Nicolas Maduro.” “The United States will continue to target those who support this corrupt regime and contribute to the suffering of the Venezuelan people,” Treasury Secretary Steven Mnuchin said in a statement.
The move was the latest in a long series US sanctions that have targeted Venezuelan officials and oil exports, putting pressure on Maduro and starving Caracas of vital income. (AFP)